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NASDAQ:ABUSArbutus Biopharma Stock Price, Forecast & News

$2.05
+0.01 (+0.49 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$2.02
Now: $2.05
$2.15
50-Day Range
$1.07
MA: $1.66
$2.36
52-Week Range
$0.82
Now: $2.05
$3.66
Volume1.22 million shs
Average Volume1.85 million shs
Market Capitalization$141.37 million
P/E RatioN/A
Dividend YieldN/A
Beta2.87
Arbutus Biopharma Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of a cure for patients suffering from chronic Hepatitis B virus (HBV) infection in Canada and the United States. Its HBV product pipeline consists of AB-506, a capsid inhibitor that has shown improved potency and pharmacokinetics over its first generation capsid inhibitor; and AB-423, which is in pre-clinical studies. The company also develops RNAi drugs, which utilize the RNA interference pathway, allows for a novel approach to treating disease. Its RNAi HBV candidates are designed to reduce hepatitis B surface antigen expression in patients chronically infected with HBV. The company develops AB-729, a second generation RNAi therapeutic targeted to hepatocytes; HBV RNA destabilizer AB-452, an orally administered agent, in pre-clinical studies in destabilizing HBV RNA, which leads to RNA degradation and to reduction in HBsAg levels. In addition, it engages conducting a Phase 1a/1b clinical trial and several pre-clinical and investigational new drug-enabling studies to evaluate proprietary HBV therapeutic agents, together with SOC therapies, and in combination with each other. The company has strategic alliance, licensing, and research collaboration agreements with Marqibo; Gritstone Oncology, Inc.; Acuitas Therapeutics Inc.; Alexion Pharmaceuticals Inc.; Monsanto Company; Marina Biotech, Inc.; and Arcturus Therapeutics, Inc. The company was formerly known as Tekmira Pharmaceuticals Corporation and changed its name to Arbutus Biopharma Corporation in July 2015. Arbutus Biopharma Corporation is headquartered in Burnaby, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.55 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:ABUS
CUSIPN/A
Phone604-419-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.01 million
Book Value($1.04) per share

Profitability

Net Income$-153,720,000.00
Net Margins-2,091.92%

Miscellaneous

Employees79
Market Cap$141.37 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Arbutus Biopharma (NASDAQ:ABUS) Frequently Asked Questions

How has Arbutus Biopharma's stock been impacted by COVID-19 (Coronavirus)?

Arbutus Biopharma's stock was trading at $2.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ABUS stock has decreased by 20.5% and is now trading at $2.05. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Arbutus Biopharma?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arbutus Biopharma in the last year. There are currently 1 sell rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Arbutus Biopharma.

When is Arbutus Biopharma's next earnings date?

Arbutus Biopharma is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Arbutus Biopharma.

How were Arbutus Biopharma's earnings last quarter?

Arbutus Biopharma Corp (NASDAQ:ABUS) released its quarterly earnings data on Monday, May, 11th. The biopharmaceutical company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.06. The biopharmaceutical company earned $1.49 million during the quarter, compared to the consensus estimate of $1.81 million. Arbutus Biopharma had a negative net margin of 2,091.92% and a negative return on equity of 298.87%. View Arbutus Biopharma's earnings history.

What price target have analysts set for ABUS?

6 brokerages have issued 12-month target prices for Arbutus Biopharma's shares. Their forecasts range from $4.00 to $10.00. On average, they anticipate Arbutus Biopharma's share price to reach $5.80 in the next year. This suggests a possible upside of 182.9% from the stock's current price. View analysts' price targets for Arbutus Biopharma.

Has Arbutus Biopharma been receiving favorable news coverage?

News articles about ABUS stock have trended somewhat negative this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Arbutus Biopharma earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news articles about the biopharmaceutical company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutArbutus Biopharma.

Are investors shorting Arbutus Biopharma?

Arbutus Biopharma saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 409,800 shares, an increase of 18.8% from the April 30th total of 345,000 shares. Based on an average daily trading volume, of 858,100 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.9% of the company's stock are short sold. View Arbutus Biopharma's Current Options Chain.

Who are some of Arbutus Biopharma's key competitors?

What other stocks do shareholders of Arbutus Biopharma own?

Who are Arbutus Biopharma's key executives?

Arbutus Biopharma's management team includes the following people:
  • Dr. Mark Joseph Murray, Pres, CEO & Director (Age 70)
  • Mr. David C. Hastings, CFO & Chief Accounting Officer (Age 58)
  • Dr. Gaston Picchio Ph.D., Chief Devel. Officer (Age 56)
  • Dr. Michael J. Sofia, Chief Scientific Officer (Age 61)
  • Dr. Elizabeth Howard, Exec. VP, Gen. Counsel & Chief Compliance Officer (Age 65)

What is Arbutus Biopharma's stock symbol?

Arbutus Biopharma trades on the NASDAQ under the ticker symbol "ABUS."

Who are Arbutus Biopharma's major shareholders?

Arbutus Biopharma's stock is owned by a variety of institutional and retail investors. Top institutional investors include Cowen AND Company LLC (6.28%), Morgan Stanley (2.97%), Advisor Group Holdings Inc. (2.57%), Primecap Management Co. CA (0.84%), UBS Group AG (0.54%) and Two Sigma Investments LP (0.31%). View institutional ownership trends for Arbutus Biopharma.

Which major investors are selling Arbutus Biopharma stock?

ABUS stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA. View insider buying and selling activity for Arbutus Biopharma.

Which major investors are buying Arbutus Biopharma stock?

ABUS stock was bought by a variety of institutional investors in the last quarter, including Cowen AND Company LLC, Advisor Group Holdings Inc., Morgan Stanley, UBS Group AG, Two Sigma Investments LP, Jane Street Group LLC, Two Sigma Advisers LP, and Wedbush Securities Inc.. View insider buying and selling activity for Arbutus Biopharma.

How do I buy shares of Arbutus Biopharma?

Shares of ABUS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Arbutus Biopharma's stock price today?

One share of ABUS stock can currently be purchased for approximately $2.05.

How big of a company is Arbutus Biopharma?

Arbutus Biopharma has a market capitalization of $141.37 million and generates $6.01 million in revenue each year. The biopharmaceutical company earns $-153,720,000.00 in net income (profit) each year or ($1.62) on an earnings per share basis. Arbutus Biopharma employs 79 workers across the globe.

What is Arbutus Biopharma's official website?

The official website for Arbutus Biopharma is www.arbutusbio.com.

How can I contact Arbutus Biopharma?

Arbutus Biopharma's mailing address is 100-8900 GLENLYON PARKWAY, BURNABY A1, V5J 5J8. The biopharmaceutical company can be reached via phone at 604-419-3200 or via email at [email protected]

This page was last updated on 6/7/2020 by MarketBeat.com Staff

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